Santander’s inflation-linked savings bond

As inflation continues to creep up, savers seeking ways of protecting their savings and investments, should consider Santander's Inflation Linked Savings Bond (Issue 7).

This six-year term deposit bond provides an opportunity to benefit from the potential growth in the Retail Prices Index, while ensuring that savers earn at least a minimum interest return at the end of the term.

For example, if the growth of the Retail Prices Index was 20 per cent over the six year term, the customer would receive back 20 per cent on top of their initial deposit. Based on an initial deposit of £10,000, this would be £12,000.

If there was no growth in the Retail Prices Index, the customer would still benefit from the minimum interest return of 10 per cent gross (1.60 per cent AER). Based on an initial deposit of £10,000, this would mean an interest return of £11,000.

Customers can deposit from as little as £500, up to a maximum of £2 million and, as this is a limited offer, customers are advised to deposit now, in case the Bond sells out.

Customers can apply by visiting any local branch of Santander.